Corrective Rally on Crude Oil Can Cause Resistance on USD/CAD
In this article we will talk about Crude oil and USDCAD + their relationship, from […]
NFP Preview: Is the Jobs Market FINALLY Slowing?
NFP insight Friday brings the final jobs report before the FOMC’s highly-anticipated December meeting, where […]
Stocks Edge Higher in Cautious Trade ahead of Fed Chair Powell
US futures Dow futures -0.07% at 33790 S&P futures +0.03% at 3963 Nasdaq futures +0.03% […]
GBP/JPY Mid-Day Outlook
Daily Pivots: (S1) 165.28; (P) 165.98; (R1) 166.42; More… Intraday bias in GBP/JPY is turned […]
China Slows Sharper than Expected
In addition to the riots against tight covid restrictions since the weekend, China is also […]
ADP Employment Misses Estimates, Biggest Slowdown Since January 2021
ADP Employment data miss strengthens the case for a slowdown in rate hikes from the […]
FTSE 100 IG Client Sentiment: Our data shows traders are now at their least net-long FTSE 100 since Apr 11 when FTSE 100 traded near 7,595.20.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Euro Inflation Notes – A ‘Sticky’ Problem
On the face of it, the November flash HICP figures brought a welcome decline in […]
BoE Pill expects headline inflation to tail off in 2nd half of next year quite rapidly
BoE Chief Economist Huw Pill said at a conference, “we are expecting to see headline […]
EURCAD Builds Uptrend; Overbought Signals Strengthen
EURCAD has rallied by almost 10% since the plunge to a nine-and-a-half year low of […]
EURUSD Edges Higher as CPI Falls
It continues to be a quiet week for the euro. In the European session, EUR/USD […]
US ADP employment grew 127k, Fed tightening having impact
US ADP private employment grew 127k in November, below expectation of 195k. By sector, goods- […]